WASHINGTON, D.C. – U.S. Rep. Blake Moore (R-UT) has introduced new legislation to support America’s economic and national security by strengthening domestic critical mineral supply chains.
The Critical Mineral and Extraction Tax Parity Act is intended to bolster those supply chains by updating the list of critical minerals eligible for federal tax credits and ensuring that their extractions cost are covered by applicable federal laws.
“Critical minerals are a crucial component of American everyday life, “ according to Moore. They’re used for everything from electronics to energy production, medical devices and treatments, as well as the defense technology that keeps our military the best in the world.
“Many of these minerals can be extracted right here in the United States,” he added. “Even better, they can also be found in Utah.”
Members of Moore’s staff on Capitol Hill explain that the United States Geological Survey (USGS) is responsible for updating the annual List of Critical Minerals, based on which minerals are most vital to the U.S. economy and national security and face potential risks from disrupted supply chains.
All of the minerals on the USGS list of critical minerals should be eligible to receive the Advanced Manufacturing Tax Credit, a 10 percent credit on the cost of their production/extraction.
In November of 2025, the USGS added 10 new minerals to that list, including boron, copper, lead, metallurgical coal, phosphate, potash, rhenium, silicon, silver and uranium.
But the tax credit has not yet been updated to reflect the additional of those minerals added by the Trump Administration.
In addition to makes those new minerals eligible for the federal tax credit, Moore’s proposal would clarify that cost associated with mineral extraction are an eligible expense if the ore is extracted in the United States rather than in a foreign county.
The Critical Mineral and Extraction Tax Parity Act would also remove a 2.5 percent credit cap on the production/extraction of coal, allowing producers to claim the full 10 percent credit.
Moore’s proposed legislation is being support by representatives of the Utah Mining Association, the World Trade Center Utah, Unleash Utah, the Utah Associated Municipal Power System (UAMPS), Kennecott Utah Copper, the National Mining Association, the National Association of Manufacturers, the Uranium Energy Corporation, the American Coal Council, the Copper Development Association, the Women’s Mining Coalition, the Information Technology Council, ClearPath Action, Citizens for Responsible Energy Solutions and others.
“Promoting a domestic critical mineral supply chain is not only important to the U.S. economy,” Moore argues, “but it is also essential to our national security.”